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The budgets of four companies yield the following information: (Click the icon to view the budget information for the four companies.) Read the requirements. Requirement
The budgets of four companies yield the following information: (Click the icon to view the budget information for the four companies.) Read the requirements. Requirement 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent. Use a minus sign or parentheses to enter an operating loss.) Sunny Rainy Cloudy Windy Net Sales Revenue $ 1,596,000 385,000 Variable Costs 58,000 231,000 165,750 Fixed Costs 208,000 236,000 Operating Income (Loss) 354,500 97,700 Units Sold 190,000 8,000 Contribution Margin per Unit $ 4.20 $ 77.00 17.00 Contribution Margin Ratio % 80 % % 40 % Requirements 2. and 3. Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point? Begin by showing the formula and then entering the amounts to calculate the breakeven point in sales dollars for each company. (Complete all answer boxes. Round the breakeven pointthe required sales in dollarsup to the nearest whole dollar. For example, $10.25 would be rounded to $11. Abbreviation used: CM = contribution margin.) ( + )/ Required sales in dollars Requirements 2. and 3. Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point? Begin by showing the formula and then entering the amounts to calculate the breakeven point in sales dollars for each company. (Complete all answer boxes. Round the breakeven pointthe required sales in dollarsup to the nearest whole dollar. For example, $10.25 would be rounded to $11. Abbreviation used: CM = contribution margin.) ( + = Required sales in dollars Sunny ( + )/ % = Rainy ( % + + Cloudy ( % Windy + % II Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point? has the lowest breakeven point, primarily due to Choose from any list or enter any number in the input fields and then continue to the next question. X Data Table Company Sunny Rainy Cloudy Windy Net Sales Revenue $ 1,596,000 385,000 $ (i) $ (d) $ 58,000 Variable Costs (a) 231,000 165,750 Fixed Costs (b) 208,000 236,000 (k) Operating Income (Loss) $ 354,500 $ (e) $ (g) $ 97,700 Units Sold 190,000 8,000 (1) (h) 77.00 $ Contribution Margin per Unit 4.20 $ (f) $ 17.00 Contribution Margin Ratio (c) 80% (i) 40%
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